Archive
Monthly Archives: February 2012
Monthly Archives: February 2012
The mini Russell day trading strategy uses a lot of big clues from multiple timeframes. First the 89 Range chart shows us the AB=CD Major Reversal Zone at 832.0 and we have been selling off those highs all week. Russell Day Trading Strategy The 55 range on the russell shows the Previous Day’s trading range […]
Continue readingOur day trading strategy for crude oil futures uses this bear price channel, price wedge, double-top, and the trigger zone as our biggest clues. We can see that the big drop off the highs occured around 830am news this morning so we missed the big drop off the highs around the news and now we’re […]
Continue readingThe euro currency futures trading below the range from thursday, so this outside day tells us to sell retracements from the beginning. Then we see the price wedge below us and we realize we can sell the highs of the wedge below and take profit at the wedge lows. If price keeps dropping we sell […]
Continue readingWe begin our day with the dollar index, which is used to locate the short term trend (if any) and the major turning points in the market. The dollar index has a negative correlation so we look for a trend to follow or a possible trend reversal location using the 13-range chart because we’re looking […]
Continue reading————————————————————————————— The James’ Report: Day Trading Strategies for Professional Traders ————————————————————————————— A wise trader greets the market every day without preconceptions. If we fail to do this, we will fail to fully-develop as traders because our opinions and beliefs will blind us to what the market may really be trying to tell us. Some experienced […]
Continue readingWe used another simple trading strategy this morning in our live trade room to earn over 150 ticks of profit in a somewhat challenging session from 800am to 1230pm EST. The day began with jobless claims news at 830am EST which came out lower than expectations and from that news we saw very little movement […]
Continue readingThe mini-russell is still sitting at the Major Resistance of 832.0 which is the completion of the major AB=CD Pattern so it is a very strong level of resistance. Price action sitting sideways at this resistance and trading in the range from wednesday. As price im going to sell until we get a pullback above […]
Continue readingOur trading strategy for the euro involves the short term bull price channel, the previous day’s trading range, and the previous price wedge below us. We have seen the buyers fail many times this week, so we’re keeping an eye on the buyers again today if they push price above the PHOD we will look […]
Continue readingThe 30-Year US Bonds are trading lower this morning, breaking below the Previous Low of Day so we want to sell retracements below the lows from wednesday. We will sell off to the wedge lows and then look to buy at the lows of the price wedge. 30 Year US Bonds Day Trading Strategy
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